2018 Nio EP9True Cost of Ownership in Turkey
1,341 hp all-electric. Full cost breakdown including import duty (80%), VAT (20%), insurance, fuel at ₺2.4/L, maintenance, and depreciation.
Purchase Price
$2.6M
Base: $1.2M
Annual Total
$339K
Insurance + fuel + maintenance
Import Duty
$960K
80% of base price
VAT
$432K
20% applied
Annual Insurance
$950
Avg for this country
5-Year Total
$4.3M
Purchase + 5yr running costs
2018 Nio EP9 — Full Cost Breakdown in Turkey
Every cost component from purchase to 5-year ownership. All figures in USD equivalent.
| Cost Component | Amount (USD) |
|---|---|
| Base Price (MSRP) | $1.2M |
| Import Duty (80%) | $960K |
| VAT / Sales Tax (20%) | $432K |
| Total Purchase Price | $2.6M |
| Annual Insurance | $950 |
| Annual Fuel Cost | $0 |
| Annual Maintenance | $814 |
| Annual Depreciation | $336K |
| Registration & Road Tax | $1K |
| Total Annual Running Cost | $339K |
| 5-Year Total Cost of Ownership | $4.3M |
| Cost Per Kilometer | $22.611 |
For informational purposes only. All figures are estimates. Not financial advice. Prices and costs may change without prior notice.
Nio EP9 Fuel Cost Calculator — Turkey
Adjust your annual mileage and local fuel price to calculate your exact fuel costs.
Adjust Your Usage
⚡ Electric Vehicle
The Nio EP9 runs on electricity. No fuel costs apply. Charging costs vary by electricity tariff in Turkey.
$0 Fuel Cost
Electric vehicle — no gasoline required
Nio EP9 Depreciation Curve
The Nio EP9 loses approximately $684K (57%) of its value over 5 years.
Year-by-Year Value
| New | $1.2M | 100% |
| Year 1 | $864K | 72% |
| Year 2 | $744K | 62% |
| Year 3 | $648K | 54% |
| Year 4 | $576K | 48% |
| Year 5 | $516K | 43% |
Depreciation based on electric segment averages.
Nio EP9 vs. Competitors in Turkey
How does the Nio EP9 compare to similar cars available in Turkey?
Nio
EP9
Base Price
$1.2M
Annual Cost in Turkey
$339K
Tesla
Model 3
Base Price
$42K
Annual Cost in Turkey
$5K
Hyundai
IONIQ 6
Base Price
$39K
Annual Cost in Turkey
$5K
BMW
i4
Base Price
$56K
Annual Cost in Turkey
$8K
Annual costs estimated for Turkey market. Import duty (80%) and VAT (20%) applied to all models.
🇹🇷 Owning a Car in Turkey
Among highest car taxes in the world.
Very Expensive for Turkey
Annual car costs = 2826% of average Turkey income ($12K/yr)
Average Annual Income
$12K
In Turkey
Fuel Price
₺2.40/L
Gasoline dominant
Avg Car Insurance
$950
Per year
Import Duty
80%
On vehicle value
VAT / Sales Tax
20%
Applied at purchase
Driving Side
Right-hand
Europe
Popular Car Brands in Turkey
Nio EP9 in Turkey — Frequently Asked Questions
Common questions about owning a Nio EP9 in Turkey.
The 2018 Nio EP9 has a base price of $1,200,000 USD. In Turkey, after 80% import duty and 20% VAT, the total purchase price is approximately $2,592,000 USD (₺2,592,000 TRY).